Statistical release P6242.1
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1 Statistical release Retail trade sales (Preliminary) May 2014 Embargoed until: 16 July :00 Enquiries: Forthcoming issue: Expected release date: User Information Services June August 2014 (012)
2 Statistics South Africa 1 Contents Sales at constant 2012 prices: results for May Table A Key growth rates in retail trade sales at constant 2012 prices... 2 Table B Retail trade sales at constant 2012 prices for the latest three months by type of retailer... 2 Figure 1 Retail trade sales at constant 2012 prices... 3 Figure 2 Retail trade sales at constant 2012 prices: year-on-year percentage change... 3 Sales at current prices: results for May Table C Key growth rates in retail trade sales at current prices... 4 Table D Retail trade sales at current prices for the latest three months by type of retailer... 4 Tables... 5 Table 1 Retail trade sales at constant 2012 prices (R million)... 5 Table 2 Year-on-year percentage change in retail trade sales at constant 2012 prices... 5 Table 3 Seasonally adjusted retail trade sales at constant 2012 prices... 5 Table 4 Retail trade sales at constant 2012 prices by type of retailer (R million)... 6 Table 5 Year-on-year percentage change in retail trade sales at constant 2012 prices by type of retailer... 6 Table 6 Contribution of each type of retailer to the year-on-year percentage change in retail trade sales at constant 2012 prices (percentage points)... 6 Table 7 Retail trade sales at current prices (R million)... 7 Table 8 Year-on-year percentage change in retail trade sales at current prices... 7 Table 9 Seasonally adjusted retail trade sales at current prices... 7 Table 10 Retail trade sales at current prices by type of retailer (R million)... 8 Table 11 Year-on-year percentage change in retail trade sales at current prices by type of retailer... 8 Table 12 Contribution of each type of retailer to the year-on-year percentage change in retail trade sales at current prices (percentage points)... 8 Survey information... 9 Technical notes Glossary Technical enquiries General information... 14
3 Statistics South Africa 2 Sales at constant 2012 prices: results for May 2014 Table A Key growth rates in retail trade sales at constant 2012 prices Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Year-on-year % change, unadjusted 2,7 6,4 2,3 0,8 2,1 2,4 Month-on-month % change, seasonally adjusted 1,0 0,0-0,3-1,1 0,4 0,8 3-month % change, seasonally adjusted 1/ 0,8 1,5 1,7 0,5-0,6-0,8 1/ Percentage change between the previous 3 months and the 3 months ending in the month indicated. Measured in real terms (constant 2012 prices), retail trade sales increased by 2,4% year-on-year in May The highest annual growth rates were recorded for: all other retailers (4,2%); and retailers in textiles, clothing, footwear and leather goods (3,9%) see Table 5. The main contributors to the 2,4% increase were general dealers (contributing 1,0 percentage point) and retailers in textiles, clothing, footwear and leather goods (contributing 0,9 of a percentage point) see Table 6. Seasonally adjusted retail trade sales increased by 0,8% month-on-month in May This followed month-onmonth changes of 0,4% in April 2014 and -1,1% in March Seasonally adjusted retail trade sales decreased by 0,8% in the three months ended May 2014 compared with the previous three months. Table B Retail trade sales at constant 2012 prices for the latest three months by type of retailer Type of retailer 2013 (R million) Weight 2014 (R million) % change between 2013 and 2014 Contribution (% points) to the total % change General dealers , ,0 0,4 Food, beverages and tobacco in specialised stores Pharmaceuticals and medical goods, cosmetics and toiletries , ,6 0, , ,4 0,1 Textiles, clothing, footwear and leather goods , ,4 0,9 Household furniture, appliances and equipment , ,0 0,0 Hardware, paint and glass , ,6 0,0 All other retailers , ,0 0,1 Total , ,8 1,8 Retail trade sales increased by 1,8% in the three months ended May 2014 compared with the three months ended May The main contributors to this increase were retailers in textiles, clothing, footwear and leather goods (4,4% and contributing 0,9 of a percentage point) and general dealers (1,0% and contributing 0,4 of a percentage point) see Table B.
4 Statistics South Africa 3 Figure 1 Retail trade sales at constant 2012 prices Figure 2 Retail trade sales at constant 2012 prices: year-on-year percentage change
5 Statistics South Africa 4 Sales at current prices: results for May 2014 Table C Key growth rates in retail trade sales at current prices Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Year-on-year % change, unadjusted 6,0 10,4 6,6 5,6 7,1 8,1 Month-on-month % change, seasonally adjusted 1,2 0,7 0,6-0,8 1,1 1,1 3-month % change, seasonally adjusted 1/ 1,7 2,6 3,0 2,2 1,3 1,0 1/ Percentage change between the previous 3 months and the 3 months ending in the month indicated. Table D Retail trade sales at current prices for the latest three months by type of retailer Type of retailer 2013 (R million) Weight 2014 (R million) % change between 2013 and 2014 Contribution (% points) to the total % change General dealers , ,0 2,8 Food, beverages and tobacco in specialised stores , ,1 0,7 Pharmaceuticals and medical goods, cosmetics and toiletries , ,4 0,4 Textiles, clothing, footwear and leather goods , ,6 2,0 Household furniture, appliances and equipment , ,2 0,1 Hardware, paint and glass , ,6 0,4 All other retailers , ,6 0,5 Total , ,0 7,0 PJ Lehohla Statistician-General
6 Statistics South Africa 5 Tables Table 1 Retail trade sales at constant 2012 prices (R million) Month / Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total / Latest month is preliminary. Table 2 Year-on-year percentage change in retail trade sales at constant 2012 prices Month year-to-date Jan 1,9 0,7 6,8 4,5 2,2 6,4 6,4 Feb -3,8 1,1 6,0 6,7 3,6 2,3 4,3 Mar -4,2 3,4 5,0 6,9 2,7 0,8 3,1 Apr -6,2 4,1 10,0 1,7 2,1 2,1 2,8 May -3,3 4,6 1,6 6,3 6,1 2,4 2,8 Jun -5,2 8,0 2,4 8,9 1,4 Jul -2,1 8,5 3,0 3,2 2,9 Aug -3,9 5,0 7,3 6,9 3,2 Sep -2,5 6,1 7,7 4,8 0,1 Oct -3,8 6,5 7,8 1,6 1,4 Nov -4,1 8,5 7,1 3,9 4,4 Dec -1,5 8,5 8,5 1,5 2,7 Total -3,2 5,5 6,2 4,6 2,7 Table 3 Seasonally adjusted retail trade sales at constant 2012 prices Month R million Month-on-month % change Jan ,1-0,3-1,3 0,0 Feb ,3-3,2 2,8-0,3 Mar ,6 3,4-0,4-1,1 Apr ,7 1,5-0,1 0,4 May ,0-1,8 1,4 0,8 Jun ,3 2,0-0,4 Jul ,9 0,1-0,5 Aug ,8 1,2 1,2 Sep ,4 0,1-0,7 Oct ,5-0,7-0,3 Nov ,7 0,3 1,3 Dec ,8-0,3 1,0
7 Statistics South Africa 6 Table 4 Retail trade sales at constant 2012 prices by type of retailer (R million) Type of retailer Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 1/ General dealers Food, beverages and tobacco in specialised stores Pharmaceuticals and medical goods, cosmetics and toiletries Textiles, clothing, footwear and leather goods Household furniture, appliances and equipment Hardware, paint and glass All other retailers Total / Preliminary. Table 5 Year-on-year percentage change in retail trade sales at constant 2012 prices by type of retailer Type of retailer Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 General dealers 1,2 6,6 1,3-1,4 2,0 2,6 Food, beverages and tobacco in specialised stores 2,7 4,6-4,2-1,7 5,4 1,4 Pharmaceuticals and medical goods, cosmetics and toiletries 2,6 3,4 1,6 1,6-0,2 2,8 Textiles, clothing, footwear and leather goods 5,6 11,2 10,2 5,6 3,9 3,9 Household furniture, appliances and equipment -12,6-3,4 0,7 0,8 4,0-1,5 Hardware, paint and glass 18,7 9,9 3,6 2,6 0,8-1,4 All other retailers 1,2 2,5-2,7 1,3-2,4 4,2 Total 2,7 6,4 2,3 0,8 2,1 2,4 Table 6 Contribution of each type of retailer to the year-on-year percentage change in retail trade sales at constant 2012 prices (percentage points) Type of retailer Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 General dealers 0,5 2,7 0,5-0,6 0,7 1,0 Food, beverages and tobacco in specialised stores 0,3 0,4-0,4-0,2 0,5 0,1 Pharmaceuticals and medical goods, cosmetics and toiletries 0,1 0,3 0,1 0,1 0,0 0,2 Textiles, clothing, footwear and leather goods 1,4 2,3 2,0 1,0 0,9 0,9 Household furniture, appliances and equipment -0,8-0,2 0,0 0,0 0,2-0,1 Hardware, paint and glass 1,1 0,7 0,3 0,2 0,1-0,1 All other retailers 0,1 0,3-0,3 0,1-0,3 0,4 Total 2,7 6,4 2,3 0,8 2,1 2,4
8 Statistics South Africa 7 Table 7 Retail trade sales at current prices (R million) Month / Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total / Latest month is preliminary. Table 8 Year-on-year percentage change in retail trade sales at current prices Month year-to-date Jan 12,4 4,8 7,7 8,6 6,7 10,4 10,4 Feb 7,1 4,2 7,2 11,1 8,2 6,6 8,5 Mar 7,0 5,8 6,7 11,2 6,9 5,6 7,5 Apr 4,1 5,8 11,9 6,0 6,5 7,1 7,4 May 6,9 5,8 4,2 10,1 10,4 8,1 7,5 Jun 3,6 9,2 5,3 12,9 5,6 Jul 6,5 9,3 6,0 6,9 7,0 Aug 3,2 5,6 10,8 10,6 7,6 Sep 4,0 6,7 11,4 8,8 4,3 Oct 2,0 7,2 12,1 5,8 5,1 Nov 0,8 9,3 11,1 8,3 8,1 Dec 3,2 9,1 12,8 6,1 6,0 Total 4,9 7,0 9,1 8,7 6,8 Table 9 Seasonally adjusted retail trade sales at current prices Month R million Month-on-month % change Jan ,4-0,1-1,2 0,7 Feb ,0-2,6 3,4 0,6 Mar ,8 3,4-0,7-0,8 Apr ,2 2,2 0,7 1,1 May ,1-2,3 0,9 1,1 Jun ,3 2,9 0,3 Jul ,1 0,3-0,3 Aug ,1 1,5 1,7 Sep ,6 0,5-0,3 Oct ,0 0,0-0,2 Nov ,6 0,7 1,7 Dec ,2 0,3 1,2
9 Statistics South Africa 8 Table 10 Retail trade sales at current prices by type of retailer (R million) Type of retailer Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 1/ General dealers Food, beverages and tobacco in specialised stores Pharmaceuticals and medical goods, cosmetics and toiletries Textiles, clothing, footwear and leather goods Household furniture, appliances and equipment Hardware, paint and glass All other retailers Total / Preliminary. Table 11 Year-on-year percentage change in retail trade sales at current prices by type of retailer Type of retailer Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 General dealers 5,0 11,2 6,1 4,1 7,8 9,3 Food, beverages and tobacco in specialised stores 6,8 9,5 0,8 4,0 11,8 8,8 Pharmaceuticals and medical goods, cosmetics and toiletries 5,7 6,6 5,3 6,0 3,6 6,7 Textiles, clothing, footwear and leather goods 8,9 15,2 14,8 10,5 8,9 9,4 Household furniture, appliances and equipment -12,1-2,9 1,6 2,0 5,2-0,3 Hardware, paint and glass 22,4 13,6 7,9 7,0 5,4 4,4 All other retailers 3,9 6,1 0,8 4,8 1,2 8,1 Total 6,0 10,4 6,6 5,6 7,1 8,1 Table 12 Contribution of each type of retailer to the year-on-year percentage change in retail trade sales at current prices (percentage points) Type of retailer Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 General dealers 2,0 4,5 2,5 1,7 2,9 3,6 Food, beverages and tobacco in specialised stores 0,7 0,8 0,1 0,4 1,1 0,8 Pharmaceuticals and medical goods, cosmetics and toiletries 0,3 0,5 0,4 0,4 0,3 0,5 Textiles, clothing, footwear and leather goods 2,2 3,0 2,9 1,9 2,0 2,1 Household furniture, appliances and equipment -0,7-0,2 0,1 0,1 0,2 0,0 Hardware, paint and glass 1,3 1,0 0,7 0,5 0,4 0,4 All other retailers 0,4 0,7 0,1 0,5 0,1 0,8 Total 6,0 10,4 6,6 5,6 7,1 8,1
10 Statistics South Africa 9 Survey information Introduction 1 Statistics South Africa (Stats SA) conducts a monthly survey of the retail trade industry, covering retail enterprises (see 4 below). This survey is based on a sample drawn from Stats SA s 2013 business sampling frame (BSF) that contains businesses registered for value added tax (VAT). 2 In order to improve timeliness, some information for the latest month had to be estimated due to late response. These estimates will be revised in future statistical releases as soon as information becomes available. Published retail trade sales estimates include value added tax (VAT). Purpose of the survey 3 The results of the monthly retail trade sales survey are used to compile estimates of the gross domestic product (GDP) and its components, which are used in monitoring the state of the economy and formulation of economic policy. These statistics are also used in the analysis of comparative business and industry performance. Scope of the survey 4 This survey covers retail enterprises according to the following types of retailers: General dealers: Retail trade in non-specialised stores with food, beverages and tobacco predominating; and Other retail trade in non-specialised stores. Retailers in food, beverages and tobacco in specialised stores: Retailers in fresh fruit and vegetables; Retailers in meat and meat products; Retailers in bakery products; Retailers in beverages; Retailers in tobacco; and Retailers in other food in specialised stores. Retailers in pharmaceutical and medical goods, cosmetics and toiletries; Retailers in textiles, clothing, footwear and leather goods: Retailers in men s and boys clothing; Retailers in ladies, girls and infants clothing; General outfitters; and Retailers in footwear. Retailers in household furniture, appliances and equipment; Retailers in hardware, paint and glass; and All other retailers: Retailers in reading matter and stationery; Retailers in jewellery, watches and clocks; Retailers in sport goods and entertainment requisites; Retailers in other specialised stores; Repair of personal and household goods; Retail trade in second-hand goods in stores; and Retail trade not in stores. Classification 5 The 1993 edition of the Standard Industrial Classification of all Economic Activities (SIC), Fifth Edition, Report No , was used to classify the statistical units in the survey. The SIC is based on the 1990 International Standard Industrial Classification of all Economic Activities (ISIC) with suitable adaptations for local conditions. Each enterprise is classified to the industry which reflects its predominant activity. Statistics in this publication are presented at SIC group (four digit) level. Collection rate 6 The preliminary collection rate for the survey on retail trade sales for May 2014 was 84,0%. The improved collection rate for April 2014 was 89,4%.
11 Statistics South Africa 10 Statistical unit 7 The statistical unit for which information is compiled and published is the enterprise, defined as a legal unit or a combination of legal units that includes and directly controls all functions necessary to carry out its sales activities. The statistical units are derived from and linked to the South African Revenue Service (SARS) administrative data. Revised figures 8 Revised figures are mainly due to late submission of data to Stats SA, or respondents reporting revisions or corrections to their figures. Preliminary figures, as indicated in the relevant tables, are subject to change and when revised will not be indicated as such. Related publications 9 Users may also refer to the following publications available from Stats SA: Bulletin of Statistics, issued quarterly; Stats in Brief issued annually; and South African Statistics, issued annually. Rounding-off of figures 10 Where figures have been rounded off, discrepancies may occur between sums of the component items and the totals. Historical data 11 Historical retail trade sales data are available on the Stats SA website. To access the data electronically, use the following link: Past publications 12 Past retail trade sales releases are available on the Stats SA website. To access the releases electronically, use the following link:
12 Statistics South Africa 11 Technical notes Survey methodology and design 1 The survey is conducted on a monthly basis. Questionnaires are sent to a sample of about enterprises from a population of about enterprises. Completed questionnaires are required to be returned to Stats SA within 10 days after the end of the reference month. Fax, and telephone reminders are used to follow up on non-respondents. 2 A stratified random sample was drawn at the SIC four-digit level in April 2013 from Stats SA s business sampling frame (BSF). Strata were formed using a combination of the Standard Industrial Classification and the measure of size classes for enterprises (see point 3 below). The Neyman optimal allocation formula given below was used to allocate samples to each stratum: nh = n * ( Nh * Sh ) / [ Σ ( Ni * Si ) ]. Neyman allocation formula not only allocates sample sizes to each stratum, but also calculates the relative precision for each stratum as well as the relative precision for all strata. The relative precision for these strata did not exceed 4,2%. Class limits 3 The retail sampling frame is divided into four size groups. All large and medium enterprises (size group one and two) are completely enumerated. Simple random sampling is applied to size group three and four (small and very small) enterprises. The total value of sales of the large and medium enterprises (size group one and two) is added to the weighted totals of size group three and four to reflect the total value of sales. Measure of size classes (Rand) Enterprise size Size group Lower limits Upper limits Very small Small Medium Large Sample weighting 4 For those strata not completely enumerated, the weights to produce estimates are the inverse ratio of the sampling fraction, modified to take account of nonresponse in the survey. Stratum estimates are calculated and then aggregated with the completely enumerated stratum to form group estimates. These procedures are consistent with international best practice. Seasonal adjustment 5 Seasonally adjusted estimates are generated each month using the X-12 Seasonal Adjustment Program developed by the US Bureau of the Census, Seasonal adjustment is a means of removing the estimated effects of normal seasonal variation from the series so that the effects of other influences on the series can be recognised more clearly. Seasonal adjustment does not aim to remove irregular or non-seasonal influences which may be present in any particular month. Influences that are volatile or unsystematic can still make it difficult to interpret the movement of the series, even after adjustment for seasonal variations. Therefore, the month-to-month movements of seasonally adjusted estimates may not be reliable indicators of trend behaviour.
13 Statistics South Africa 12 Trend cycle 6 The trend is the long-term pattern or movement of a time series. The X-12 Seasonal Adjustment Program is used for smoothing seasonally adjusted estimates to estimate the underlying trend cycle. Constant prices 7 For January 2002 to December 2007 retail trade sales at constant prices were calculated using the consumer price index (CPI) for goods, excluding petrol and purchases of vehicles, for all urban areas to deflate total sales at current prices. From January 2008 onwards total retail trade sales at constant prices are obtained by adding up the deflated sales by type of retailer. 8 Retail trade sales at constant prices by type of retailer are obtained by deflating estimated sales at current prices by the relevant weighted price index. To obtain total retail trade sales at constant prices, estimates of the deflated sales for each type of retailer are aggregated. Reliability of estimates 9 Data presented in this publication are based on information obtained from a sample and are, therefore, subject to sampling variability; that is, they may differ from the figures that would have been produced if the data had been obtained from all enterprises in the retail industry in South Africa. Estimates are subject to sampling and non-sampling errors. 10 Inaccuracies may occur because of imperfections in reporting by enterprises and errors made in the collection and processing of the data. Inaccuracies of this kind are referred to as non-sampling errors. Every effort is made to minimise non-sampling errors by careful design of questionnaires, testing them in pilot studies, editing reported data and implementing efficient operating procedures. Fluctuations may occur in consecutive months as a result of seasonal and economic factors. Month-on-month percentage change Year-on-year percentage change Contribution (percentage points) 11 The month-on-month percentage change in a variable for any given month is the change between that month and the previous month, expressed as a percentage of the latter. 12 The year-on-year percentage change in a variable for any given period is the change between that period and the corresponding period of the previous year, expressed as a percentage of the latter. 13 The contribution (percentage points) to the year-on-year percentage change for any given period is calculated by multiplying the percentage change of each type of retailer by its corresponding weight, divided by 100. The weight is the percentage contribution of each type of retailer to total retail trade sales in the corresponding period of the previous year.
14 Statistics South Africa 13 Glossary Enterprise Industry Retail trade Retailer An enterprise is a legal entity or a combination of legal units that includes and directly controls all functions necessary to carry out its sales activities. An industry is made up of enterprises engaged in the same or similar kinds of economic activity. Industries are defined in the System of National Accounts (SNA) in the same way as in the Standard Industrial Classification of all Economic Activities, Fifth Edition, Report No of January 1993 (SIC). Retail trade includes the resale (sale without transformation) of new and used goods and products to the general public for household use. A retailer is an enterprise deriving more than 50% of its turnover from sales of goods to the general public for household use. Symbols and abbreviations BSF CPI GDP ISIC SARS SIC SNA Stats SA VAT Business sampling frame Consumer price index Gross domestic product International Standard Industrial Classification South African Revenue Service Standard Industrial Classification of all Economic Activities System of National Accounts Statistics South Africa Value added tax Technical enquiries Raquel Floris Telephone number: (012) raquelf@statssa.gov.za Keshnee Govender Telephone number: (012) keshneeg@statssa.gov.za
15 Statistics South Africa 14 General information Stats SA publishes approximately 300 different statistical releases each year. It is not economically viable to produce them in more than one of South Africa's eleven official languages. Since the releases are used extensively, not only locally but also by international economic and social-scientific communities, Stats SA releases are published in English only. Stats SA has copyright on this publication. Users may apply the information as they wish, provided that they acknowledge Stats SA as the source of the basic data wherever they process, apply, utilise, publish or distribute the data; and also that they specify that the relevant application and analysis (where applicable) result from their own processing of the data. Stats SA products A complete set of Stats SA publications is available at the Stats SA Library and the following libraries: National Library of South Africa, Pretoria Division National Library of South Africa, Cape Town Division Natal Society Library, Pietermaritzburg Library of Parliament, Cape Town Bloemfontein Public Library Johannesburg Public Library Eastern Cape Library Services, King William s Town Central Regional Library, Polokwane Central Reference Library, Mbombela Central Reference Collection, Kimberley Central Reference Library, Mmabatho Stats SA also provides a subscription service. Electronic services A large range of data is available via online services. For more detail about our electronic services, contact Stats SA s user information service at (012) You can also visit us on the internet at: General enquiries User information services Telephone number: (012) address: info@statssa.gov.za Orders/subscription services Telephone number: (012) address: magdaj@statssa.gov.za Postal address Private Bag X44, Pretoria, 0001 Produced by Stats SA
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